Sunday 8 November 2009

UK theatres bought for £90m Live Nation


Some of the country’s top theatres and playhouses have been bought by the Ambassador Theatre Group (ATG) for £90 million, making ATG one of the largest theatre groups in the UK.
The company, which already owns such venues as Trafalgar Studios and the Savoy Theatre, announced on Tuesday (3 November) that it had completed a deal with Live Nation which means attractions such as the Edinburgh Playhouse and the Apollo Victoria in London are now under its ownership.
ATG has acquired two West End theatres and 14 regional theatres, bringing the number of ATG theatres to 39.
Howard Panter, ATG's Joint CEO and Creative Director, said: "Live Nation Theatres is blessed with some of the world's best producers and productions. Our aim is to help maintain the shows and theatres as vibrant successes. It will be a privilege to operate this additional group of historic venues."
Meanwhile, the booking period for long-running Queen musical We Will Rock You has just been extended to 23 October 2010.
The NST runs London theatre trips to some of the very best shows, including The Lion King, Oliver!, Wicked and Hairspray.

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